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Government to cancel 1,782 mining licenses near rivers, forests

The Government meeting yesterday decided to suspend the mining activity of 1,782 license holders in areas near river basins and forests. Minister of Mineral Resources and Energy D.Zorigt told media the total number of mining licenses is 4,000 at present.

Government takes over land near mines

The Ministry of Mineral Resources and Energy will take over 7736.1 hectares of land in the Oyutolgoi area, 3661.3 hectares in Tavantolgoi deposit in Tsogttsetsii soum, and 3512.5 hectares kept for an industrial complex  in Khanbogd soum. These will be

Mongolians observe Id in Egypt

The Mongolian Embassy in Cairo organized Id celebrations for Kazakhs from Bayan-Ulgii and Uvs aimags and also from Nalaikh district in Ulaanbaatar who study theology at the Al Azhar in Egypt, and their  family. Other Mongolians in Egypt also joined

Many challenges face Mongolia as it seeks to transform itself

With nations scouring the globe in pursuit of dwindling mineral supplies, the world”s attention has shifted to Mongolia, a country some are heralding as the next resource success story. Among the last places on earth with rich, untapped mineral deposits,

Mongol Bank sees foreign currency reserve rising

Mongol Bank officials have said that a part of its foreign currency reserve is always in the form of gold. A decision to buy more gold, or to dispose of the stock, is taken on the basis of the movement

Mongolia to grow rice on land leased in Laos

Mongolia will lease 10,000 hectares of land in Laos to grow rice, according to a decision taken at the last meeting of the Mongolia-Laos intergovernmental commission in Vientiane. This will help Mongolia meet its domestic demand and reduce imports.                                                                                                               

USD12.5 million for Mongolia from multi-donor agriculture fund

The World Bank Group has welcomed a decision to allocate Mongolia,
Ethiopia, and Niger a total of USD97 million in grants from a
multi-donor trust fund set up to help the world’s poor developing
countries to help themselves boost agricultural

World Bank to give fresh grant for kindergarten construction

The Ministry of Education, Culture and Science has revealed that Mongolia received USD29 million as a non-repayable grant from the World Bank for its project on public education. The money has been used to repair 60 secondary schools, 25 hostels

Minister tells more about registration of cultural heritage

Minister of Education, Culture and Science Yo.Otgonbayar answers questions relating to UNESCO including in its heritage list three Mongolian items.     Just what did UNESCO decide?    The organization is meeting in Nairobi to discuss non material cultural heritage. It unanimously

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